10-18 Frederick Road & 5-9 Justin Road,
Tottenham, VIC 3012
Warehouse, Factory & Industrial
Price information
Sale - Expression of Interest
Contact Agent
Key property information
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$1,367,229
Number of Tenants
1 Tenant
Tenants / Type
Industrial
Private inspections
to arrange a private inspection.
Map of 10-18 Frederick Road & 5-9 Justin Road
Train stations within 5 km of 10-18 Frederick Road & 5-9 Justin Road, Tottenham, VIC 3012 Distance Tottenham Station 1.3 km Sunshine Railway Station 2.3 km West Footscray Station 3 km Middle Footscray Station 3.6 km Albion Station 3.7 km POWERED BY HERE ©Tram stops within 5 km of 10-18 Frederick Road & 5-9 Justin Road, Tottenham, VIC 3012 Distance 59-Droop St/Ballarat Rd (Footscray) 4 km 50-Williamson Rd/Wests Rd (Maribyrnong) 4.3 km 50-Wests Rd/Williamson Rd (Maribyrnong) 4.3 km 53-Maribyrnong College/River St (Maribyrnong) 4.3 km 62-Nicholson St/Hopkins St (Footscray) 4.4 km POWERED BY HERE ©Bus stops within 5 km of 10-18 Frederick Road & 5-9 Justin Road, Tottenham, VIC 3012 Distance 457a Somerville Rd 758 m Fourth Ave/Market Rd (Tottenham) 999 m Green St/Market Rd (Tottenham) 1.1 km First Ave/Market Rd (Tottenham) 1.2 km Somerville Rd/Market Rd (Brooklyn) 1.2 km POWERED BY HERE ©
POWERED BY HERE ©
Land rich investment with future upside
- Substantial landholding of 2.73 ha
- Secure income with a WALE of 3.9 years
- Functional building improvements
CBRE is pleased to offer for sale 10-18 Frederick Road and 5-9 Justin Road, Tottenham. The asset represents a rare opportunity to acquire a land rich investment situated in one of Australia’s most desirable infill logistics precincts, providing both secure income over the medium term and future development or repositioning opportunities (STCA).
- Functional building improvements, comprising three warehouse units
- GLA of 10,433 sqm plus 120T container rated hardstand area
- Multiple roller shutter doors
- Secure income with a WALE of 3.9 years (as at 1 December 2024)
- Strong annual increases to the greater of CPI or 4.5%
- Net Passing Income of $1,367,229 pa*, considered to be underlet
- Substantial landholding of 2.73 ha
- Corner site with egress and ingress points from Frederick Road and Justin Road
- Approximately 10km to Melbourne’s CBD
The property is offered for sale via Expressions of Interest closing 17th October 2024 at 4:00pm AEDT.
All figures approximate.
* Assuming a 4.5% increase in October 2024
- Functional building improvements, comprising three warehouse units
- GLA of 10,433 sqm plus 120T container rated hardstand area
- Multiple roller shutter doors
- Secure income with a WALE of 3.9 years (as at 1 December 2024)
- Strong annual increases to the greater of CPI or 4.5%
- Net Passing Income of $1,367,229 pa*, considered to be underlet
- Substantial landholding of 2.73 ha
- Corner site with egress and ingress points from Frederick Road and Justin Road
- Approximately 10km to Melbourne’s CBD
The property is offered for sale via Expressions of Interest closing 17th October 2024 at 4:00pm AEDT.
All figures approximate.
* Assuming a 4.5% increase in October 2024
Property ID: 504691168Last Updated: 18 Sep 2024
10-18 Frederick Road & 5-9 Justin Road
Tottenham, VIC 3012
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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